THE FIRST "GREEN BONDS" PROGRAM BY RATP
News published on: 03-07-2017

In line with its CSR policy and to respond to the challenge of climate change, RATP has just launched its first "Green Bonds" program.

"Green Bonds" are bonds whose raised funds are injected into projects and activities with an environmental benefit.

RATP, in collaboration with Crédit Agricole CIB, HSBC and Natixis, organized investor meetings in Europe to target "greens" players but also those traditionally active on RATP bonds. On June the 21st, following a positive return from investors, a € 500 million injection with a 10-years issue was announced, which plans to finance three major projects:

  • the renewal of the RER A rolling stock, the most frequented urban railway line in Europe with more than 1.2 million passengers per day;
  •  the automation of metro line 4, the second most frequented line of the Paris metro;
  • the purchase of dual-mode electric locomotives for the maintenance of RER infrastructures.

Thanks to RATP's strong reputation in the capital markets, the order book reached € 1.6m on June the 22sd.

 

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